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Actualités Forex
U.S. Construction Spending Unexpectedly Edges Slightly Lower In February
A report released by the Commerce Department on Monday unexpectedly showed a slight decrease in U.S. construction spending in the month of February. The report said construction edged down by 0.1 percent to an annual rate of $1.844 trillion in February after climbing by 0.4 percent to a revised rate of $1.845 trillion in January.
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Ford On Track To Reach Targeted Annual Production Run Rate Of Over 2 Mln EVs By End Of 2026
In its 2023 Integrated Sustainability and Financial Report released on Monday, Ford Motor Co. (F) has revealed details of its progress on its commitment to create a more sustainable, inclusive and equitable transportation future.
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U.S. Manufacturing Index Dips More Than Expected In March
Manufacturing activity in the U.S. contracted at a slightly faster rate in the month of March, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI dipped to 46.3 in March from 47.7 in February, with a reading below 50 indicating a contraction. Economists had expected the index to edge down to 47.5.
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Teck Resources Rejects Unsolicited Acquisition Offer From Glencore
Teck Resources Ltd. (TECK, TECK.A.TO) announced Monday that the Board of Directors of Teck has received and unanimously rejected an unsolicited and opportunistic acquisition proposal from Glencore plc (GLCNF.PK, GLNCY.PK, GLEN.L), which would see that company acquire Teck and subsequently separate to create two businesses, which would expose Teck shareholders to thermal coal and oil trading.
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Dollar Weakens As Banking Crisis Abates
The Dollar weakened against major currencies in the last week of March 2023, amidst an easing in the bank crisis that rocked the U.S almost a fortnight earlier.
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Walmart Rolls Out Completely Redesigned Homepage For Online Shoppers
Retail giant Walmart, Inc. (WMT) announced Monday the roll out of its completely redesigned homepage, building a customer-centric and curated storefront on walmart.com and the Walmart app.
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Dollar Falls Further After ISM Manufacturing, Construction Spending
U.S. ISM manufacturing PMI for March and construction spending for February has been released at 10.00 am ET Monday. After the data, the greenback weakened further against its major rivals.
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Dollar Drops Ahead Of ISM Manufacturing, Construction Spending
U.S. ISM manufacturing PMI for March and construction spending for February are set for release at 10.00 am ET Monday. Ahead of the data, the greenback weakened against its major rivals.
The greenback was worth 132.92 against the yen, 0.9139 against the franc, 1.2399 against the pound and 1.0887 against the euro as of 9:55 am ET.
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Scholastic To Combine Its Book Fairs And Book Clubs Divisions
Media company Scholastic Corp. (SCHL) announced Monday plans to combine its market-leading U.S. Book Fairs and Book Clubs divisions into an integrated school reading events business.
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Live Nation Entertainment Inks Multi-Year Deal With PayPal To Expand Payment Options For Fans
PayPal Holdings, Inc. (PYPL) and Live Nation Entertainment, Inc. (LYV) announced Monday a multi-year strategic partnership that names PayPal as the Preferred Payments Partner of Ticketmaster, providing fans a simple and flexible way to buy tickets to the live entertainment they love. Fans will now have access to multiple payment options across a total of 21 countries.
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Rivian Produces 9,395 Vehicles In Normal, Illinois Facility In Q1; Delivers 7,946 Vehicles
Rivian Automotive, Inc. (RIVN) announced Monday that it produced a total of 9,395 vehicles at its manufacturing facility in Normal, Illinois in the first quarter and delivered 7,946 vehicles during the same period.
The company said these figures remain in line with its expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided.
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Euro, Pound Climb On Soaring Oil Prices
The euro and the pound appreciated against their major counterparts in the European session on Monday, as a surprise decision by major oil producers to cut oil production sparked a rally in oil prices.
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UK Manufacturing Activity Sinks Deeper Into Contraction Zone
The UK manufacturing sector shrank at a faster pace in March as the strong improvement in supplier delivery times was more than offset by deteriorating new orders and production, final survey results from S&P Global revealed Monday. The Chartered Institute of Procurement & Supply manufacturing Purchasing Managers' Index, or PMI, fell to 47.9 in March from February's seven-month high of 49.3.
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